In June 2016, Orange County median home prices – new and existing – elevated to a new historical high of $655,000, surpassing the bubble peak pricing of 2007. Heading into December 2016, we are now looking at record-high median pricing for new homes sitting just under the million dollar mark. Overall, the median price for all homes sold in October 2016 – new and existing – is up $54,000, or 9 percent, from just one year ago!